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HomeMy WebLinkAbout1958-B-2165 ORDINANCE NO. B-2165 AN ORDINANCE providing for the improvement of certain property by grad- ing, ballasting, surfacing, constructing concrete curbs and gutters, sidewalks, establishing a Local Improvement Distr- ict, providing for the method of payment thereof, and creat- ing a special fund. BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. That the following streets shall be improved by grading, ballasting, surfacing with asphaltic concrete, and constructing concrete curbs and gutters, together with the necessary drainage features, and by constructing concrete sidewalks on both sides of said streets: West Lenox Avenue from O.W.R. & N. W'ly R/W line to Landon Avenue West Lenox Avenue from South 3rd Avenue to South 16th Avenue That the following street shall be improveed by constructing concrete sidewalks on both sides of said street: West Lenox Avenue from Landon Avenue to South 3rd Avenue All of said improvements shall be constructed in full accordance wits the plans and specifications prepared by the City Engineer and filed with the City Clerk. Section 2. There is hereby created a Local Improvement District, to be called "Local Improvement District No. 864", which said district shall include all of the property adjacent to the above mention- ed improvements which are subject to assessments. Section 3. All of the costs and espenses in connection with the construction of said improvement, including the cost and expense of engineering, inspection, advertising, publication of notices, and all other expenses incident thereto, shall be levied and assessed upon all of the property embraced within said Local Improvement District, in accordance with the special benefits conferred ( with regard to the zone termini method of assessment) thereon, in the manner and as provided by the Laws of the State of Washington and the ordinances of the City of Yakima; and said City shall not be liable in any manner for any portion of said costs and expenses of said improvement, with the exception that on officially designated arterial streets of Lenox Avenue and Lincoln Avenue, the City shall bear the cost in excess of that required to con- struct a standard 32 foot residential street; also the City shall bear the cost of two feet of the width of the sidewalks. Section 4. All of the aforesaid construction work shall be in accordance with the plans and specifications, profiles, maps and de- tailed drawings which have been prepared by the City Engineer, filed with the City Clerk, and which are hereby approved and adopted. Section 5. That all of the work necessary to be done in connection with the making os said improvement shall be done and made by contract upon competitive bids; and the City shall have the power to reject any and all bids. Section 6. There is hereby created a special fund, to be called "Local Improvement Fund District No. 864", into which shall be placed all sums paid on account of the aforesaid special assessments, in- cluding all interest and penalties thereon; and in the event of the sale of local improvement bonds by the City, all premium and interest on said bonds issued for said improvement. Section 7. Bonds bearing interest at the rate of 4% per annum, payable on or before 12 years from the date of issuance, shall be issued in payment of the costs and espenses of said improvement , which bonds shall be redeemed by the collection of special assessments to be levied and assessed upon the property within said district, pay- able in ten equal annual installments with interest at the rate of 4% per annum, interest payable annually under the mode of"payment of bonds", as defined by the statutes of the State of Washington and the ordinances of the City of Yakima. Section 8. This Ordinance is one relating to local improve- ments or assessments therefor, and shall become effective immediately up- on its passage, approval and publication as provided by the City Charter. PASSED BY THE CITY COMMISSION, signed and approved this 21st day of May, 1958. rn ATTEST: J.A. SMITH CITY CLERK (SEAL) JOE K. ALDERSON MAYOR I hereby certify that the foregoing is a true, full and correct copy of Ordinance No. B-2165 entitled"AN ORDINANCE providing for the improvement of certain property by grading, ballasting, surfacing, con- structing concrete curbs and gutters, sidewalks, establishing a Local Improvement District, providing for the method of pqment thereof, and creating a special fund.", as passed on the 21st dar of May, 1958, and that the same has been published as required by law. 1 TY ----- CLERK